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Amazon, AI and Google
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
Amazon Earnings Beat Expectations. Stock Slips
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
What Analysts Think of Amazon Stock Ahead of Earnings
Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.
Amazon stock slips as a gloomy outlook overshadows strong earnings
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter,
5h
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
5h
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
5h
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
newsbytesapp.com
1h
Amazon to invest over $100B in AI this year
Amazon has announced plans to invest more than $100 billion in artificial intelligence (AI) this year. The company's CEO Andy ...
6h
on MSN
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
8h
Amazon profits last year soared, but growth is slowing
Amazon almost doubled its profits in 2024 compared to the year before, but it missed some analysts expectations in its cloud ...
7h
Jassy says holiday shopping season ‘most successful yet for Amazon’
The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...
6d
on MSN
DeepSeek is now available via Amazon Web Services. ‘Have at it,’ says CEO Jassy.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.
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